How to Stake TST
NOTE: Updated Docs coming soon. Please discuss this in our Discord for now
Staking Options:
Users can stake TST (The Standard Token) and/or USDs (The Standard's stablecoin).
Each token type offers different reward structures.
TST Staking:
Rewards:
TST stakers earn USDs fees generated from borrowing and repayment activities in Smart Vaults.
TST stakers also receive the full 1% fee of all collateral placed into yield earning pools across the entire protocol.
Reward Calculation:
(User's Staked TST * Days Staked) / (Total TST Staked * Current Staking Period Length)
USDs Staking:
Rewards: USDs stakers earn various assets, primarily generated from collateral placed into yield earning pools and collateral swaps executed within Smart Vaults.
Additional Rewards: The protocol may occasionally airdrop other reward assets to the staking reward pool.
Reward Calculation:
(User's Staked USDs * Days Staked) / (Total USDs Staked * Current Staking Period Length)
Staking Process:
1: Users connect their wallet to the staking interface.
2: They choose the amount of TST and/or USDs to stake.
3: The staking period begins immediately upon successful staking transaction.
Reward Accumulation:
Rewards accrue in real-time based on the user's stake and the duration of staking.
Users can view their projected rewards in the Staking dashboard at any time.
Claiming Rewards:
Users can claim their rewards through the Staking dashboard.
When claiming, all non-USDs reward assets are transferred directly to the user's wallet.
For USDs rewards, users have two options:
a) Compound: USDs rewards are automatically added to the user's USDs stake.
b) Withdraw: USDs are transferred to the user's wallet along with other reward assets.
Stake Management:
Increasing Stake:
All previously earned rewards are claimed.
USDs rewards are automatically compounded (added to the stake).
The staking period restarts.
Decreasing Stake:
All previously earned rewards are claimed without compounding USDs rewards.
The staking period restarts.
Staking Period:
The staking period restarts whenever a user claims rewards or adjusts their stake amount.
This reset affects future reward calculations.
No Token Burn:
No TST or USDs is burned or spent by users when earning rewards.
Security:
The new Staking contract has been audited by independent security researcher MaslarovK.
All identified vulnerabilities, both low and high risk, have been resolved.
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